Leader Bank celebrated the First Anniversary of its Central Square branch in Cambridge on Thursday, June 29.

"We are extremely proud to have become so quickly embedded in the fabric of Central Square," said Mr. Sushil Tuli, CEO and Founder of Leader Bank. "Reflecting on our first year in Cambridge, we understand now more than ever the exciting role we can play as we lend our expertise, our customer service, and of course our donations to support this unique neighborhood. Just as with our Arlington branches, our success depends on our relationship with the community, and we could not be happier with how that relationship has evolved."

Leader Bank's Central Square branch has achieved significant growth in its first year and has surpassed expectations by attracting over $22 million in deposits.

When the Bank opened the branch doors in 2005, it became immediately involved in the surrounding business, housing, and customer community with a variety of initiatives. The bank has led or sponsored efforts such as:

YWCA "Girls Going Places": Leader Bank partnered with the YWCA to help promote financial literacy, matching deposits for girls age 4 to 12 opening their first bank account.

Shop Cambridge First: in partnership with the Cambridge Chamber of Commerce and in support of local businesses, Leader Bank provides an opportunity for consumers to purchase gift certificates that are redeemable at more than 80 Cambridge-based businesses.

Cambridge Housing Assistance Fund (CHAF): Leader Bank donated funds to support this crucial local initiative, addressing homelessness and affordable housing in the Cambridge community.

Leader Bank marked the anniversary by holding a weekly raffle for Shop Cambridge First gift certificates and hosting an afternoon of refreshments at the branch (675 Massachusetts Avenue, Cambridge).

About Leader Bank
Leader Bank offers a full range of personal and business banking products including free personal and business checking accounts, commercial and residential lending products, home equity lines of credit, deposit products all with highly competitive rates as well as free online banking and bill payment services.

For more information, visit Leader Bank's website at www.leaderbank.com or stop by the Cambridge branch in Central Square at 675 Massachusetts Avenue.To contact Leader Bank by phone, please call our toll free number (877) 691-7900.

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